While some investors fret about Apple’s (AAPL) market share in smartphone unit sales, others note that Apple leads by a mile in the metric that matters most: smartphone profits. In the third quarter, Apple captured 94% of smartphone industry profits, despite accounting for 14.5% of smartphone unit sales, Canaccord Genuity analyst Michael Walkley said in a research report Sunday. It was the fourth straight quarter that Apple likely captured over
Amazon.com is set to battle grocers in the U.K. with its one-day delivery service called Pantry. The e-commerce leader’s Pantry expansion takes on U.K. grocer heavyweights such as Tesco, Sainsbury’s and Morrisons. Other rivals are the U.K. units of U.S.-based retailers Wal-Mart (WMT) and Whole Foods (WFM). In the U.S., the war for e-commerce grocery business is intensifying. Amazon.com (AMZN) has been battling Wal-Mart, which has rolled out a
Apple’s (AAPL) iPad Pro hit the market on Thursday amid mildly positive reviews and hopes that it can help revitalize tablet sales. Pundits also weighed the impact the jumbo-screen tablet could have on Apple’s Mac computer business and the company’s relationship with chipmaker Intel (INTC). The iPad Pro went on sale in Apple’s retail stores Thursday after the company began taking online orders on Wednesday. Apple is selling three models of the